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Why Arkansas’s Long-Term Reserve Fund May Not Weather the Next Rainy Day

By Dr. David Mitchell In a recent op-ed for the Arkansas Democrat-Gazette, I pointed out that families need to have rainy day funds to provide for any loss of income. Similarly, when state governments have unexpected general budget shortfalls, they need a way to pay for them.  And in the same way that families may […]

Posted in: Spending on February 25, 2020 Tagged: , ,